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Play Video about A graphical user interface for setting up a Limit Order with a Take Profit intent on a blockchain trading platform, showing fields for price limit, amount, and take profit target."


  • ๐Ÿ”‘ Key Points:
    • The video introduces the concept of a “Limit Order & Take Profit Intent” (OCO order) on the Intentable marketplace.
    • OCO order allows you to set conditions for selling a cryptocurrency (like Ethereum) based on price movements either below or above specified thresholds.
  • ๐Ÿ“Š Creating the OCO Order:
    • The tutorial begins by explaining the need for checking the current price of Ethereum using Chainlink’s price feed.
    • Validation Nodes are used to set price conditions (e.g., selling if ETH falls below $1,800 or if it rises above $2,800).
    • For executing a sell, the video demonstrates transferring your ETH to an on-chain wallet, converting it to another currency (like USDT), and then transferring it back.
  • ๐Ÿ’ก Building the Intent:
    • The creator emphasizes the importance of atomic transactions, where if one part of the transaction fails, the entire transaction is canceled.
    • Instructions include how to set up both lower and upper price limit conditions and how to use various nodes for actions like checking balances, transferring tokens, and executing trades.
  • ๐Ÿš€ Publishing the Intent in the marketplacesย :
    • The final part covers creating an app for the marketplace that uses this OCO order setup.
    • Viewers are shown how to create a user-friendly form for their app, including locking certain inputs (like the token to be sold) and leaving others variable (like the sell limit price).
  • ๐ŸŽฏ Conclusion:
    • The video concludes with a brief overview of simulating the Intent, publishing it on the marketplace, and the potential to earn from its use.
    • ๐Ÿ” Exploring Intentable: intentable is a platform that enables users to create complex order types and financial tools using a visual builder interface. It caters to both technical and non-technical users aiming to optimize their cryptocurrency trading strategies.